Bursa Malaysia snaps 3-day winning streak to end lower

BURSA Malaysia ended trading at an intraday low and snapped its three-day winning streak today, following the lacklustre performance seen across the region, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 8.68 points to 1,544.96 from Monday’s close of 1,553.64.

The benchmark index opened 2.05 points easier at 1,551.59 and reached its intraday high of 1,552.10 during the mid-morning session.

However, market breadth was positive with gainers leading decliners 510 to 502, while 486 counters were unchanged, 796 untraded and nine others suspended.

Turnover declined to 4.06 billion units worth RM3.09 bil from 4.24 billion units worth RM2.79 bil on Monday. – March 19, 2024

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